BKT & Pirelli Ink India Tyre Production Deal

Balkrishna Industries Ltd (BKT) and Pirelli have signed a strategic agreement for the production of Pirelli-branded premium car tyres in India. Initially, BKT will produce up to 800,000 Pirelli tyres annually by 2030 at one of its new plants, adhering to Pirelli's standards. The agreement also outlines a future 50-50 joint venture to establish a dedicated production plant for high-value car tyres, serving both Indian and international markets. This partnership aims to capitalize on India's rapidly growing automotive and premium tyre markets, leveraging Pirelli's technological leadership and BKT's local manufacturing capabilities. For BKT, this marks an expansion into the passenger car tyre segment, while for Pirelli, it strengthens its presence in a high-potential market.